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Southeastern College-Charlotte Financial Aid & Debt Outcomes

97% Freshmen Get Financial Aid
$7,566 Average Grant & Scholarship
89% Undergrads Get Grant Aid

Many students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Southeastern College-Charlotte can seem overpowering, but remember that the majority of students are given some form of financial assistance.

Just what financial aid solutions can Southeastern College - Charlotte provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see just how much financial aid could be open to you.

Why You Should Understand Southeastern College - Charlotte Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Southeastern College-Charlotte.

Typical First Year Financial Aid at Southeastern College-Charlotte

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

Looking at the entering class at Southeastern College-Charlotte, 97% of entering full-time freshmen got some type of financial assistance some 98 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)92%$7,859
Institutional grants & scholarships53%$3,178
Federal Pell grants79%$6,713
State/local grants0%
Federal student loans92%$8,738

Scholarships and Grants at Southeastern College-Charlotte

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Southeastern College - Charlotte, around 89% of undergrads got grants or scholarships worth on average $7,566 (across roughly 194 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)89%$7,566
Federal Pell grants71%$6,359
Federal student loans91%$8,980

Title-IV recipients living on campus saw average grant aid of $7,525.

Aid by Income Level at Southeastern College-Charlotte

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$35,611
$30,001 – $75,000$36,088
Over $75,000$39,133

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What Students Actually Pay at Southeastern College-Charlotte

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$30,611
Off-campus title-IV students$36,058

For a customized cost estimate, visit Southeastern College - Charlotte’s online cost calculator: www.sec.edu/admissions/net-price-calculator.

What Students Owe at Southeastern College-Charlotte

The middle student in the debt distribution at Southeastern College - Charlotte owes $9,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$9,500
Median federal debt (graduates only)$9,500
Typical 10-year monthly payment (graduates)$100.72/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Range of Student Debt at this School

The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Southeastern College - Charlotte.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$5,500
75th percentile$9,500
90th percentile (highest-debt students)$14,422

Median Debt by Student Group at Southeastern College-Charlotte

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$9,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$9,500
Continuing-generation students$9,420

By Dependency Status

CohortMedian federal debt
Dependent students$5,695
Independent students$9,500

Debt Burden Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Southeastern College - Charlotte.

Federal Student Loans at Southeastern College-Charlotte

The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Southeastern College - Charlotte:

MetricValue
Stafford loan recipients3725
Total Stafford loan amount$34,693,866

Veterans Benefits at Southeastern College-Charlotte

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients10
Total GI Bill amount$99,734
Average GI Bill amount per recipient$9,973

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients1
Total DoD amount$4,000
Average DoD amount per recipient$4,000

References

More about our data sources and methodologies.

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